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"america reports" on this friday. white house getting good news on the jobs market but will a massive spending plan send the economy into another tailspin, making an already bad inflation problem even worse? hello, everyone. i am sandra smith in new york. >> jon: i am jon scott info john roberts. the labor department says the u.s. added 528,000 jobs last month. the on employment rate also falling slightly to 3.5%. >> both numbers beating expectations. wages are still largely out of step with the rising inflation. now more than 200 economists, 230 to be exact, warning democrats their ...

Warning the white house that not only do they believe the inflation act will help bring down prices, it actually could make the problem worse. >> the economists are all over the map on this one and it's not because when measured over time it is deficit reduction. to the extent that that occurs, that's not inflationary. it's because they disagree on the supply response on the spending. i am on the side of when we look back on this, if implemented fully and that's always an important qualification, we will find that it's not inflationary and it will boost supply. but economists disagree on the s...

Exports and so when you see a global economy, weakening, it is much harder on them. but i think it is fair to say the u.s. economy is slowing particularly manufacturer which is a big part of the volatility of the economy. >> we have good consumer numbers this week so but the manufacturer globally seems to be in a recession am i wrong about that? in manufacturing exports. >> manufacturing is a get big portion of profits for the s&p 500 and a big part of volatility of the economy. >> and big part of high wage jobs. >> exactly. it is hard to do these policies in a vacuum and clearly there is a co...

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